🔥 Poll: Can BTC Break Its ATH This Week?
ATH Recap: Bitcoin hit its ATH of $109,702.5 on Jan 20, 2025, followed by a consolidation phase.
Recent Trends: With easing geopolitical tensions, sustained institutional inflows, and improving market sentiment, BTC has shown strong upward momentum.
This Week’s Key Question: The market looks bullish, but the ATH remains a major resistance level.
🗳️ Share your take—let’s see where the market goes!
Analyst Liang Qiu: On May 12, BTC and ETH surged again, breaking the high points. It's the right time to short.
The flatbread aunt rose again to break through the recent highs directly to 105800 and 2624 nearby, and then fell back quickly, especially the overall volatility of the aunt is larger, the market short-term pull up is too huge, there is no need to chase more, the four-hour Bollinger band did not open the mouth obviously, and the short-term above the pressure is on. The recent price of the flatbread aunt K-line pattern has fluctuated at a high level, forming a number of K-lines with long upper shadows, indicating that there is a certain selling pressure in the market. There are continuous small white candlesticks at the daily level, indicating that the bulls have strengthened, but they still need to be wary of the risk of a pullback. On the technical indicator, the 4-hour period MACD is in the negative area, and the histogram is shortened, suggesting that the bearish momentum is weakening, and it is possible to turn into a bullish trend, and the short-term pressure will see a wave of decline.
Trading suggestions BTC: Short from 105000 to 105500, target around 103500; ETH: Short from 2580 to 2600, target around 2510. #MOODENG & PI & GOAT大涨# #CPI数据将公布# #ETH近3日大幅上涨#